Blum Holdings Inc (BLMH)

[BriarPatch]

old outdated and completely disproved post.

and now for the real story...


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Imagine if one will, your neighbor has their business for sale and the garage has been turned into a green house. Their business lost 500K last year but that's because it was not for profit so they say. They want 22 million dollars for their business and part of the assets is their name worth 6 million ? Now you already use that name in other stores....
Now its time to negotiate .....and your neighbors wife has been chosen to represent shareholders and she has to deal with her husband over the price. Now two weeks before you sign the deal your neighbor buys the house the business is in and forces you to pay 28,000 a month to rent his house and then he charges you 800,000 to remodel his house and he uses his construction company to remodel it. And for security, you pay him 340,000 a year to make sure your business that lost 500,000 last year is secure. Now you dont have to pay the bill for a year but when you do, some in that household want 2 million dollars in cash......not stock.......
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bwaahaahaha, now image if you will a federal swat team raiding your neighbors garage, arresting everybody for the manufacturing of a federally controlled substance, seizing ALL their properties and bank accounts why your dumb arse neighbors rot in jail.



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My posts are for entertainment purposes only.
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now this we agree on...



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"The Company is a party to the following transactions with Martin Kaufman and Salwa Ibrahim, each of whom beneficially owns more than 5% of our outstanding Common Stock.
An entity owned 100% by Mr. Kaufman and Mr. Ibrahim owns the property where the Company’s Blum Oakland facility is located. That entity leases the property to an unaffiliated third party for $16,000 per month. The Company subleases the property from the third party for $28,840 per month.
The Company pays $24,000 per month in rent for the property where its Oakland, California cultivation facility is located to an entity owned 50% by Mr. Kaufman and Ms. Ibrahim .
The Company pays $24,000 per month in rent for the property where its San Leandro, California dispensary and production facility is located to an entity owned 50% by Mr. Kaufman and Ms. Ibrahim.
The Company pays approximately $35,000 per month to an entity owned 50% by Mr. Kaufman to provide security at the property where its Blum Oakland facility is located.
During the twelve months ended December 31, 2016, the Company purchased $76,638 in products from an entity owned 9% by Mr. Kaufman".

http://ih.advfn.com/p.php?pid=nmona&article=75337470

Now we see a permit pulled to renovate it by SK Builders "also" owned by Martin Kaufman IMHO

https://www.buildzoom.com/property-info/30-hegenberger-loop-oakland-ca


We can connect Martin Kaufman to Fairway Medical Plaza LLC via the company contact CCIG aka CALIFORNIA CAPITAL & INVESTMENT GROUP, INC .
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sounds like someone is jealous. All within the normal price range for comparable properties. Many landlords in Cali have gotten cold feet and have refused to renew leases. It's good to have mj friendly landlords!!!



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BlumOak uses CCIG for lease purposes(paragraph 1) and is included in the past filings by TRTC. Whats interesting on paragraph 54 is that since 2012 MKSI Investments is listed as Master Landlord. MKSI is owned by Martin Kaufman. Two weeks before the close of BlumOak, MKSI became owner of BlumOak and charges rent of 28,000 a month to shareholders after shareholders paid 22 million for BlumOak.....Who sat at the table representing shareholders? Salwa Ibrahim, wife of Martin Kaufman.....MKSI I wonder if that stands for Martin Kaufman and Salwa Ibrahim ?
https://www.sec.gov/Archives/edgar/data/1451512/000147793216009491/trtc_ex1027.htm

CCIG now represents Fairway Medical Plaza LLC which may turn into BlumSL.

https://businesssearch.sos.ca.gov/CBS/Detail

CCIG General counsel is Skyker Sanders
http://www.californiagroup.com/contact.php

Skyler Sanders is also agent for Airport Loop Properties, which controls an address on 30 Hegenberger Loop in Oakland.

http://cabusinesssearch.com/AIRPORT-LOOP-PROPERTIES-LLC

That address has 13000 sq feet and if it becomes the new cultivation site for Blum.......shareholder might want to determine ownership ..

https://www.prospectnow.com/property/alameda-ca/30-hegenberger-loop-oakland-ca-94621.html
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Again, it's good to have mj friendly landlords!! at least that's what I think



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Why are shareholders paying 48,000 a month in rent with no possible return for 12 months . Who is receiving the rent money ?
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Because it's the LAW! Cali requires properties to be secure before the applications for licensing are even submitted. Following the law is more expensive upfront but not nearly expensive has being raided by the DEA, having all your assets frozen and being thrown in jail for NOT following the law.



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All these statements are for entertainment purposes and should not be used as reasons to buy or sell any stock..........
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another statement we agree on...


business is blüming!!!